
Woodland Hills, California 91367
This Multi-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $1,099,000—positioned slightly above the $1,076,959 Fair Market Value. Despite the premium, the property offers significant income potential through its permitted Jr. ADU and RTI-ready detached 800 sq. ft. ADU. Featuring a Condition Rating of 2, the home includes a modern kitchen, updated baths, and a 9-year-old roof. Its prime location near the Fallbrook Shopping Center ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22602 Victory Boulevard Subject | $1,099,000* List Price | 3 | 2 | 1,737 | $620 | - |
A 23271 Sylvan Sold | $1,278,000 | 3 | 2 | 1,750 | $730 | 0.9 mi |
B 22542 Burbank Boulevard Sold | $832,000 | 4 | 2 | 1,670 | $498 | 1.0 mi |
C 23047 Friar Active | $985,000 List Price | 3 | 2 | 1,815 | $543 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern upgraded kitchen, gorgeous updated bathrooms, new recessed lighting, fresh paint, and contemporary flooring throughout. With a 9-year-old roof and mint interior condition, the home is move-in ready with no immediate maintenance required.
The property features a permitted Jr. ADU and an RTI permit for a detached 800 sq. ft. ADU, offering a rare opportunity for significant rental income or multi-generational living.
The home boasts an upgraded kitchen, primary suite with a private bath, recessed lighting, and fresh paint, providing a contemporary aesthetic and immediate move-in readiness.
Situated in close proximity to the Fallbrook Shopping Center and public transportation, the property offers residents convenient access to premier shopping, dining, and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1737, other record living area = 1337.
Located on Victory Boulevard, the property may experience higher levels of street noise and traffic compared to more secluded residential streets.
Originally built in 1955, the property may require ongoing maintenance or future updates to older mechanical and structural systems typical of its era.
Come claim Victory on this golden opportunity on Victory! Nearly a 1,400 sq. ft. main house, 400 sq. ft. permitted Jr. ADU and soon to be RTI permit for a free standing 2-story 800 sq. ft. ADU in the rear yard offers amazing possibilities. Gated spacious corner lot with large driveway accommodating several vehicles and a nine-year old roof create a lasting first impression. Inside, recessed lighting, fresh paint and beautiful flooring set the tone. Open and bright upgraded kitchen is ideal. Your primary suite features a gorgeous private bath. Two large additional bedrooms, updated hall bath and large interior room ideal for a small office, storage or more. The Jr. ADU offers a private oversized patio, kitchenette and attractive private bath. Outside, a large rear yard can be customized to your desire or come craft an incredible free standing ADU for even more cash-flow. You and your tenants will love the easy walking access to public transportation and the ultra-close proximity to the Fallbrook Shopping Center and all the shops, yummy eateries and movies it has to offer. Don’t miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,737 | 2,184 |
| Lot Size | 6,458 | 11,703 |
| Price | $1.10M | $1.45M |
| Price per sq ft | $633 | $651 |
| Built year | 1955 | 1960 |
| HOA | $0 | $425 |
| Days on market | 4 | 58 |
Jul 18, 2026
$1,099,000
Initial Listing
Jan 28, 2021
$650,000
Public Record
Jan 3, 2019
$565,000
Public Record
May 11, 2018
$530,000
Public Record